What are the main factors that influence a Settlement Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Settlement Processor's salary?

A Settlement Processor's salary grows with experience: a Loan Processor I (0-1 years)earns $43,824, a Settlement Processor (1-3 years)earns $49,094, a Loan Processor III (3-5 years)earns $59,522, a Loan Processing Supervisor (5+ years)earns $64,325,

What are the highest paying states for a Settlement Processor?

Settlement Processor salary varies significantly by state. The top 3 highest paying states for Settlement Processor roles are District of Columbia $54,763, California $54,555, Massachusetts $53,828. These tech hubs typically pay 10-15% above the national average.

How much do different types of Settlement Processor roles make?

Salaries for Settlement Processor level roles vary by specialization: Settlement Accountant: $73,612; Settlement Executive: $61,927; Settlement Manager: $58,330; Settlement Administrator: $54,368; Settlement Coordinator: $53,503.

How do different companies affect a Settlement Processor's salary?

Company size, industry, and compensation structure create significant salary variations for Settlement Processor roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Settlement Processor Salary in the United States

How much does a Settlement Processor make in the United States?

As of August 01, 2026, the average salary for a Settlement Processor in the United States is $49,461 per year, which breaks down to an hourly rate of $24.

However, a Settlement Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $58,993
Majority Range (25th-75th percentile): $45,705 to $54,450
Entry-Level (10th percentile): $42,285

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Settlement Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,450	$4,538	$1,047	$26
Average	$49,461	$4,122	$951	$24
25th Percentile	$45,705	$3,809	$879	$22

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Key Factors That Influence Settlement Processor Salaries

A Settlement Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Do Settlement Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Settlement Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $54,763.
California: $54,555.
Massachusetts: $53,828.

District of Columbia $54,763 California $54,555 Massachusetts $53,828 Washington $53,630 New Jersey $53,610 Alaska $53,541 Connecticut $52,859 New York $52,582

Hawaii $51,696 Rhode Island $51,281 Maryland $50,999 Minnesota $50,613 Colorado $50,465 Illinois $50,415 Oregon $50,227 Delaware $50,089

New Hampshire $50,002 Virginia $49,807 Pennsylvania $49,238 Nevada $48,951 North Dakota $48,857 Michigan $48,709 Wisconsin $48,654 Vermont $48,546

Texas $48,244 Maine $48,224 Arizona $48,194 Ohio $48,160 Georgia $47,705 Indiana $47,477 Wyoming $47,433 Utah $47,363

Iowa $47,334 Kansas $47,096 Louisiana $47,027 North Carolina $47,002 Missouri $46,993 Florida $46,800 Montana $46,696 Nebraska $46,597

Kentucky $46,542 South Carolina $46,345 Tennessee $46,221 Idaho $46,171 New Mexico $45,810 Oklahoma $45,731 Alabama $45,439 South Dakota $44,950

Arkansas $44,683 West Virginia $44,539 Mississippi $44,109

Top Paying Cities for Settlement Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $62,385
San Francisco: $61,702
Oakland: $60,401

San Jose, CA $62,385

San Francisco, CA $61,702

Oakland, CA $60,401

New York, NY $56,948

Paramus, NJ $56,256

Queens Village, NY $56,254

Passaic, NJ $56,207

Bergenfield, NJ $56,202

Stamford, CT $56,093

Huntington, NY $56,073

Newark, NJ $55,707

Bridgeport, CT $55,603

Vallejo, CA $55,505

New Brunswick, NJ $55,485

Petaluma, CA $55,455

Middlesex, NJ $55,361

Somerset, NJ $55,327

Santa Cruz, CA $55,262

Boston, MA $54,961

Monterey, CA $54,787

Seattle, WA $54,674

Santa Rosa, CA $54,664

Los Angeles, CA $54,649

Juneau, AK $54,520

Washington, DC $54,466

Orange, CA $54,290

Santa Ana, CA $54,159

Long Beach, CA $54,110

Anaheim, CA $54,100

Anchorage, AK $54,075

Santa Maria, CA $53,927

Everett, WA $53,917

Danbury, CT $53,743

Bremerton, WA $53,675

Tacoma, WA $53,497

New Suffolk, NY $53,496

Sacramento, CA $53,482

Santa Barbara, CA $53,427

Trenton, NJ $53,373

San Diego, CA $53,373

Brockton, MA $53,319

Fairbanks, AK $53,197

Lompoc, CA $53,071

Lowell, MA $53,031

Ventura, CA $53,022

Nashua, NH $53,012

Stockton, CA $53,007

Modesto, CA $52,646

Poughkeepsie, NY $52,537

Olympia, WA $52,443

Kennewick, WA $52,443

New Haven, CT $52,423

Lawrence, MA $52,245

Hartford, CT $52,196

Riverside, CA $52,186

New Bedford, MA $52,136

Richland, WA $52,136

Bakersfield, CA $52,067

San Bernardino, CA $52,047

New Britain, CT $52,042

Atlantic City, NJ $52,042

New London, CT $52,023

Norwich, CT $52,008

Portsmouth, NH $51,998

Boulder, CO $51,893

Portland, OR $51,825

Worcester, MA $51,820

Minneapolis, MN $51,667

Philadelphia, PA $51,597

Honolulu, HI $51,434

Saint Paul, MN $51,410

Vineland, NJ $51,399

Providence, RI $51,256

Chicago, IL $51,113

Bellingham, WA $51,053

Springfield, MA $51,014

Baltimore, MD $50,999

Chico, CA $50,875

Pittsfield, MA $50,742

Manchester, NH $50,648

Spokane, WA $50,430

Denver, CO $50,425

Albany, NY $50,193

Troy, NY $50,173

Nassau, NY $50,120

Schenectady, NY $50,069

Wilmington, DE $50,029

Burlington, VT $49,960

Salem, OR $49,940

Portland, ME $49,787

Yakima, WA $49,738

Rochester, MN $49,584

Reno, NV $49,560

Fresno, CA $49,560

Milwaukee, WI $49,515

Detroit, MI $49,466

Ann Arbor, MI $49,457

Allentown, PA $49,451

Colorado Springs, CO $49,367

Syracuse, NY $49,342

Carson City, NV $49,342

Houston, TX $49,273

Eugene, OR $49,248

Gary, IN $49,189

Springfield, OR $49,149

Bismarck, ND $49,139

Galveston, TX $49,104

Medford, OR $49,030

Fort Collins, CO $49,011

Concord, NH $48,986

Austin, TX $48,971

Mesa, AZ $48,867

Reading, PA $48,862

Phoenix, AZ $48,857

Dallas, TX $48,842

Saint Cloud, MN $48,795

Madison, WI $48,729

Utica, NY $48,595

Rochester, NY $48,516

Des Moines, IA $48,511

Raleigh, NC $48,506

Atlanta, GA $48,432

Battle Creek, MI $48,417

Salt Lake City, UT $48,402

Lancaster, PA $48,328

Harrisburg, PA $48,259

Kansas City, MO $48,209

Champaign, IL $48,199

Kansas City, KS $48,199

Fort Worth, TX $48,194

Columbus, OH $48,186

Boca Raton, FL $48,175

Pittsburgh, PA $48,155

Richmond, VA $48,135

Indianapolis, IN $48,125

Cleveland, OH $48,120

Las Vegas, NV $48,061

Cincinnati, OH $48,061

Petersburg, VA $47,987

Huntsville, AL $47,912

Lansing, MI $47,879

Lebanon, PA $47,873

Pueblo, CO $47,868

Appleton, WI $47,853

Buffalo, NY $47,833

Dayton, OH $47,819

Racine, WI $47,809

Charlotte, NC $47,804

Saint Louis, MO $47,789

York, PA $47,759

Elkhart, IN $47,759

Gastonia, NC $47,750

Billings, MT $47,738

Beaumont, TX $47,725

Lorain, OH $47,715

Benton Harbor, MI $47,705

Toledo, OH $47,695

Binghamton, NY $47,670

Rock Hill, SC $47,665

Rockford, IL $47,640

Springfield, IL $47,621

Elyria, OH $47,616

Fargo, ND $47,616

Flagstaff, AZ $47,581

Fort Lauderdale, FL $47,551

Duluth, MN $47,522

Miami, FL $47,522

Cheyenne, WY $47,487

Grand Forks, ND $47,487

Bangor, ME $47,378

Cedar Rapids, IA $47,324

Durham, NC $47,303

Louisville, KY $47,299

Grand Rapids, MI $47,289

Hialeah, FL $47,284

Casper, WY $47,215

Scranton, PA $47,156

New Orleans, LA $47,141

Virginia Beach, VA $47,136

Akron, OH $47,111

Peoria, IL $47,047

Sarasota, FL $47,037

Nashville, TN $47,002

Omaha, NE $47,002

Green Bay, WI $47,002

Baton Rouge, LA $46,978

Charleston, SC $46,968

Jamestown, NY $46,943

Davenport, IA $46,943

Tucson, AZ $46,918

Saint Petersburg, FL $46,889

Tampa, FL $46,879

Evansville, IN $46,849

Port Arthur, TX $46,849

Bradenton, FL $46,829

Santa Fe, NM $46,740

Orlando, FL $46,651

Clearwater, FL $46,636

Canton, OH $46,533

La Crosse, WI $46,533

Albuquerque, NM $46,503

Newport News, VA $46,498

High Point, NC $46,483

Ogden, UT $46,463

Corpus Christi, TX $46,424

Norfolk, VA $46,394

Laramie, WY $46,394

Rock Island, IL $46,364

Saginaw, MI $46,354

Jacksonville, FL $46,350

Salisbury, NC $46,340

Boise, ID $46,330

Moline, IL $46,305

Fort Myers, FL $46,290

Memphis, TN $46,280

Tulsa, OK $46,256

Waterloo, IA $46,226

Spartanburg, SC $46,176

Lincoln, NE $46,152

Fort Wayne, IN $46,142

Provo, UT $46,137

Cedar Falls, IA $46,077

San Antonio, TX $46,058

Greensboro, NC $46,038

South Bend, IN $46,033

Savannah, GA $45,979

Muskegon, MI $45,959

Birmingham, AL $45,954

Winston Salem, NC $45,930

Lake Charles, LA $45,810

Anderson, IN $45,801

Lexington, KY $45,786

Augusta, GA $45,771

Greenville, SC $45,771

Lima, OH $45,731

Wichita, KS $45,726

Tuscaloosa, AL $45,726

Columbia, SC $45,682

Springfield, OH $45,672

Asheville, NC $45,593

Bloomington, IN $45,558

Knoxville, TN $45,380

Shreveport, LA $45,375

Wilmington, NC $45,311

Roanoke, VA $45,311

Topeka, KS $45,222

Frankfort, KY $45,216

Oklahoma City, OK $45,182

Chillicothe, OH $45,162

Longview, TX $45,158

Melbourne, FL $45,153

Sioux Falls, SD $45,073

Mobile, AL $45,068

Terre Haute, IN $45,049

Altoona, PA $45,019

Amarillo, TX $44,984

Killeen, TX $44,970

Fayetteville, AR $44,930

Chattanooga, TN $44,915

Sioux City, IA $44,871

Idaho Falls, ID $44,861

Lynchburg, VA $44,821

Gainesville, FL $44,757

Portsmouth, OH $44,732

Little Rock, AR $44,722

Lafayette, LA $44,702

Youngstown, OH $44,702

Daytona Beach, FL $44,673

Clarksville, TN $44,668

Pensacola, FL $44,663

Temple, TX $44,659

Hopkinsville, KY $44,515

Erie, PA $44,505

Florence, SC $44,485

Charleston, WV $44,406

Great Falls, MT $44,381

Macon, GA $44,312

Tallahassee, FL $44,307

Fayetteville, NC $44,297

Waco, TX $44,287

Helena, MT $44,252

Pine Bluff, AR $44,234

Vincennes, IN $44,173

Lubbock, TX $44,153

Alamogordo, NM $44,124

Twin Falls, ID $44,079

Rapid City, SD $44,064

Jackson, MS $43,975

Huntington, WV $43,972

Greenville, MS $43,970

Parkersburg, WV $43,920

Montgomery, AL $43,911

Wichita Falls, TX $43,862

Springfield, MO $43,862

Biloxi, MS $43,837

Monroe, LA $43,787

Johnstown, PA $43,753

Sumter, SC $43,733

Columbus, GA $43,728

Pascagoula, MS $43,634

Abilene, TX $43,634

Kingsport, TN $43,506

Albany, GA $43,506

Gulfport, MS $43,491

Alexandria, LA $43,327

Fort Smith, AR $43,204

El Paso, TX $43,070

Las Cruces, NM $42,848

Harlingen, TX $42,722

Pocatello, ID $42,714

Florence, AL $42,650

Brownsville, TX $42,640

Mcallen, TX $42,536

Dothan, AL $42,467

Columbus, MS $42,173

Altus, OK $41,943

Lawton, OK $41,849

Pierre, SD $41,671

What Skills Can Increase a Settlement Processor's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Settlement Processor's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$52,923	7%
Leadership	$52,428	6%
Onboarding	$51,934	5%
Prioritization	$51,934	5%
Presentation	$51,934	5%
Customer Relationship	$51,439	4%

Get Latest Data

Settlement Processor Salary by Industry: Top Paying Sectors

For Settlement Processor roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Settlement Processor positions in Business Services typically offer lower base pay, as this sector often view Settlement Processor as a support function rather than a direct revenue driver.

The top paying industry for a Settlement Processor

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$64,299	$31.0	30%

How Education impacts a Settlement Processor's Salary?

Your level of education can impact your salary potential. While many Settlement Processors enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Settlement Processor with a High School Diploma or Technical Certificate is between $44,900 and $47,669).

Settlement Processor Salaries by Degree Level

Typical Education for Settlement Processor

No Diploma 48.5%

High School 48.5%

Associates 18.2%

Bachelors 27.3%

Masters 6.1%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	48.5%
High School	48.5%
Associates	18.2%
Bachelors	27.3%
Masters	6.1%
Doctorate	0.0%

view as graph

Settlement Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Settlement Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

$45,705

Average $49,461/year

$54,450

$3,809

Average $4,122/month

$4,538

$879

Average $951/week

$1,047

$22

Average $24/hour

$26

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,450	$4,538	$1,047	$26
Average	$49,461	$4,122	$951	$24
25th Percentile	$45,705	$3,809	$879	$22

Salaries of jobs related to Settlement Processor

Salary Trends for Settlement Processor

Salaries for a Settlement Processor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $45,403 in 2023 to around $45,345 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Settlement Processor salary trends, .

Average Annual Salary of Settlement Processor Over Time

2022

$???

2023

$45,403

2024

$45,528

2025

$45,345

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$45,403
2024	$45,528
2025	$45,345
2026	View More
2027	View More

Most common benefits for Settlement Processor

Social Security

401(k)

Disability

Healthcare

Pension

Time Off (days)

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FAQ about Settlement Processor

1. What industry pays the highest salary for Settlement Processor?

The Financial Services industry offers the highest average compensation for Settlement Processor roles, with salaries approximately 30% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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